YEARLY HIGH
6.9139 LYD
YEARLY LOW
6.6343 LYD
YEARLY AVERAGE
6.7812 LYD

2023 JOD to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 6.9139. Conversely, the yearly low was recorded on April 16, dropping to 6.6343.

This high-to-low spread represents a total annual volatility of 0.2796 LYD. From a start-to-finish perspective, comparing the January average rate of 6.7399 to the December average rate of 6.7769, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.9139 was down 3.24% compared to the 2022 peak of 7.1456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 34,569 LYD
2022 Average 33,885 LYD
Yearly Trough Low 33,172 LYD
Transaction Impact: A difference of 1,397.75 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.9124
6.6936
JanuMarcMayJulySeptNove

JOD to LYD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 6.7515, compared to 6.8109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0594 points.

H1 Avg (Jan–Jun) 6.7515
H2 Avg (Jul–Dec) 6.8109

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1646 LYD (High: 6.8337 / Low: 6.6691). On the other end, October was the most stable month, with a tight range of 0.0431 LYD (High: 6.9139 / Low: 6.8707).

February Spread (Volatile) ±0.1646
October Spread (Stable) ±0.0431

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0630 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 6.8942) against the same month in 2022 (average: 7.0763), the exchange rate shifted by -0.1821 (-2.57%).

2023 Avg (October) 6.8942
2022 Avg (October) 7.0763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.8058 6.6978 6.7399
February 6.8337 6.6691 6.7577
March 6.8440 6.6980 6.7728
April 6.7410 6.6343 6.7118
May 6.8094 6.6868 6.7403
June 6.8345 6.7185 6.7865
July 6.7945 6.6746 6.7248
August 6.8311 6.7304 6.7921
September 6.9035 6.8005 6.8466
October 6.9139 6.8707 6.8942
November 6.9012 6.7595 6.8311
December 6.8241 6.7151 6.7769